Folberg named ARI's new CFO

Kenneth Folberg has been named ARI’s new chief financial officer and vice president of finance for ARI, a leading provider of technology-enabled business solutions that connect equipment dealers, distributors and manufacturers.
Folberg will be responsible for management of business operations and implementation of strategic financial planning.

"We are very pleased to add Ken Folberg to our management team. Ken brings the expertise and track record of a successful leader, as well as the hands-on business experience of a seasoned operations executive," says Roy W. Olivier, ARI president and CEO. "His strong combination of skills and experience working for publicly traded companies will be an important addition to ARI's executive management team and will support our renewed efforts to increase value for our customers and shareholders while helping us streamline our business operations.”

With more than 16 years of experience in financial and operations management, Folberg has served as Global Finance Program Director for Manpower, Inc., a world leader in the employment services industry, and a contract finance executive with Resources Global. He also served as controller and vice president of logistics and labor relations with Fresh Brands, Inc., a mid-sized public supermarket distributor, and a senior auditor and consultant with Deloitte & Touche.

Serving 76 manufacturers, 158 distributors and providing CD-ROM catalogs to more than 20,000 dealers, ARI also creates Internet catalogs for worldwide equipment dealers in segments including outdoor power, power sports, motorcycles, appliances, ag equipment, marine, recreation vehicles, floor maintenance, auto and truck parts after-market and construction.

For more information, visit ARI online.